Boutique Office Building in College
For Sale
Contact for pricing
Pending
801 Vassar Street, Orlando, FL 32804
Boutique office building in College Park neighborhood.
Property Size900 SF
Days on Market237
Property Features for 801 Vassar Street
General Information
Standard status
Pending
Size
900 SF
Class
B
Property subtype
Office
Zoning
ORL-O-1/T/W/SP/AR
Investment Type
Owner/User
Building Details
Stories
1
Tenancy
Single
Listing Agency:
Demetree Development, INC
Listed By:
Joseph Nort · License #CQ1048958
Source:
Crexi
Added: Feb 23
Changed: Oct 4
Last Checked: Oct 16 at 9:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Demetree Development, INC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This boutique office building is situated in the center of the College Park neighborhood. The 900-square-foot building features an open kitchen and main room, along with a full restroom and two private offices. Its location provides convenient access to transportation, being 5 minutes from I-4 and a 5-minute drive from Orlando's central business district. Additionally, it is located 3 minutes from the Advent Health Regional facility. Potential business uses include a beauty salon, chiropractor, dentist, accounting firm, insurance agency, or legal services.
Key Highlights
- Prime location in the heart of the College Park neighborhood.
- Convenient access to major transportation routes (5 minutes from I‑4).
- Short drive to Orlando CBD (5 minutes) and Advent Health Regional facility (3 minutes).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,808
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,160
$336.2K
Cap Rate 7%
$240,114
$240.1K
Cap Rate 9%
$186,756
$186.8K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$27.0K $30.00/SF
− Vacancy
−$4.6K −$5.10/SF
EGI
$22.4K $24.90/SF
− OpEx
−$5.6K −$6.23/SF
NOI
$16.8K $18.67/SF
Area
Orlando, FL
Vacancy
17.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,160
Cap Rate 7%
$240,114
Cap Rate 9%
$186,756
Alternative Uses
Best Use
Office B
$240.1K
$210.1K – $280.1K
NOI $16,808 @ 7.0% cap · market cap 3.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$289.9K
$253.7K – $338.2K
NOI $20,294 @ 7.0% cap · market cap 4.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
985
Businesses Nearby
Explore this area
Business Placement
Demographics for 32804, FL
19,084
Population
10,127
Households
1.9
Avg Household Size
40
Median Age
61%
College-Educated
97%
High-School Grad
7.2 sq mi
ZIP Area
2,651
Density / Sq Mi
$113,466
Median Household Income
$61,227
Median Earnings
$1,717
Median Rent
$498,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Orlando, FL
Frequently Asked Questions
What type of property is this?
Office units - Boutique office building in College Park neighborhood.
Where is this office units located?
The property is located at 801 Vassar Street Orlando, FL.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Prime location in the heart of the College Park neighborhood.; Convenient access to major transportation routes (5 minutes from I‑4).; Short drive to Orlando CBD (5 minutes) and Advent Health Regional facility (3 minutes).
